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Argentinian President Javier Milei has launched a reform program inspired by the free-market economist Friedrich Hayek, at the heart of which is the development of...

From social media and online gaming to generative AI systems, digital environments are powerful determinants of people’s health. That is especially true of children and...

In a remarkable commentary published at the end of June, a former leading economist in the Trump administration acknowledges (and endorses) what many have suspected:...

The US-Israeli war against Iran has shattered the Gulf’s old security order. As governments search for alternatives, debate has focused largely on military strategy, diplomatic...

Conventional wisdom has it that an autocratic ethnonationalist backlash against global capitalism and liberal democracy is driving 21st-century politics. Yet recent developments have shown the...

Francis Fukuyama’s 1990s end-of-history thesis was the last big narrative that united the liberal-democratic West. Western liberal-democratic welfare-state capitalism, he argued, was the best possible...

In a short essay published almost 40 years ago, the French author Emmanuel Carrère observed that counterfactual history–imaginative accounts of what might have been–is driven...

Is there any way to make sense of US President Donald Trump’s peculiar approach to governance? The economist Mancur Olsen offered a framework nearly three...

What’s not to love about a sovereign wealth fund? Gulf states’ SWFs, which control roughly $6 trillion in assets, are no longer mere investment vehicles....

Evidence of markets’ systematic overestimation of risk in developing economies has been piling up for years. The latest addition is the new release of the...